Maximum Amount for India : Rs 100000
Maximum Amount Overseas : Rs 500000
Documents to be submitted: Bank documents, Academic records
Interest Rate in India
Upto 400000 : 12%
Above Rs 400000 : 13.5% pa.
Interest Rate for Overseas
Loans Upto 400000 : 12%
Above Rs 400000 : 13.5% pa.
Collateral and Third Party Guarantee are required
Tenures: Maximum of 5 years
Eligibility: 1st class marks in previous exams and selected for proffesional course
Repayment 1 year after completion of course or 3 months after getting a job whichever is earlier.
When to Apply: After getting Admission in college/institute
Time taken to process documents: 1 Week
Contact:Delhi Tel: 3350248
Bangalore Tel: 2242932
Chennai Tel: 4991868, 4994294
Hyderabad Tel: 4756023-25
Kolkata Tel: 2471359
Mumbai Tel: 2046160, 2047620